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Cryptocurrencies Price Prediction: SafeMoon, Dogecoin and Ethereum – European Wrap 22 September

Cryptocurrencies Price Prediction: SafeMoon, Dogecoin and Ethereum – European Wrap 22 September
FXStreet TeamFXStreet TeamFXStreet

SafeMoon prices hints at bullish outlook with a 30% potential

SafeMoon price experienced a massive downswing over the past month and has finally revealed an optimistic outlook. This development could see SAFEMOON rally and set up a temporary swing high. In a bullish case, this initial updraft could serve as the base for a new uptrend, which could establish a firm yet bullish directional bias.

SAFEMOON/USDT 1-day chart

Dogecoin price threatened by 20% sell-off as DOGE bears take control

Dogecoin price appears to be ready for another drop as buyers are nowhere to be found. The prevailing chart pattern suggests that the DOGE plunge is not over yet, as the bears aim for $0.16.

Dogecoin

Optimism boosts Ethereum adoption despite ETH price downtrend

Ethereum price has not had the best past two weeks. Not only has ETH sliced through significant support levels, but it has also shattered a crucial psychological level. While things look dire, on-chain metrics alleviate the pain, bringing hope that an upswing is not outside the realm of possibility.

ETH/USD 1-day chart

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP retreats as ETF interest cools

XRP retreats as ETF interest cools

Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.
Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds

Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds

Bitcoin (BTC) is edging higher on Friday, albeit gradually, after reclaiming support above $65,000. Meanwhile, Ethereum (ETH) shows signs of stability near the immediate $1,900 hurdle, backed by mild capital inflows. Ripple (XRP), on the other hand, holds above the pivotal $1.10, with its upside structurally constrained below $1.15.
Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.
Crypto shrugs off a stronger Dollar

Crypto shrugs off a stronger Dollar

Cryptocurrencies have been affected by jitters in traditional financial markets, losing 0.8% of their market capitalisation over the past 24 hours to $2.23T, dipping to a low of $2.21T at the start of active trading in Asia.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.